After selling 36 million GBTC shares, Genesis bought $2.1 billion worth of Bitcoin

After selling 36 million GBTC shares, Genesis bought 2.1 billion worth of Bitcoin

Expanding its digital assets portfolio, embattled crypto lending company Genesis has made a bold move by acquiring a staggering $2.1 billion in Bitcoin (BTC). This strategic move comes after the firm sold off a whopping 36 million shares from the renowned Grayscale Bitcoin Trust (GBTC). In a bold move, Genesis has sold a whopping 36 … Read more

CoinGecko: Bitcoin increased by an average of 3,230% after each halving

CoinGecko Bitcoin increased by an average of 3,230 after each halving

Bitcoin’s Value Soars to New Heights After Halving Cycles, Reveals CoinGecko Analysts A recent report revealed that with each halving of mining rewards, the BTC rate surged by an astounding average of 3,230%. Take for instance the first halving on November 28, 2012, where the reward was slashed from 50 BTC to 25 BTC. In … Read more